New RE investor, working with my son

[Dennis Gallagher]

Good morning BP community. I find myself lucky that I came across the BiggerPockets podcast a few days ago and now stumbled across this community. I've owned a Payroll/HR/HCM company for the last 15 years and am now looking to transition my time and resources to help my son with his new Wholesaling and Real Estate Investment company. We are just getting going..and my only experience is with buying my current and past primary residences! So we are "newbies" to say the least. We're looking at a strategy focused on BRRRR (looking at good markets in SE US like Birmingham, AL), and large land wholesaling. Also trying to find the best strategy for cash-on-cash return (reoccurring) but struggling a bit here. I have resources to invest so the focus in on Cash Flow and large returns (hence large land wholesaling) Any suggested strategies for this is appreciated!

[Abel Curiel]

Quote from @Dennis Gallagher:

Good morning BP community. I find myself lucky that I came across the BiggerPockets podcast a few days ago and now stumbled across this community. I've owned a Payroll/HR/HCM company for the last 15 years and am now looking to transition my time and resources to help my son with his new Wholesaling and Real Estate Investment company. We are just getting going..and my only experience is with buying my current and past primary residences! So we are "newbies" to say the least. We're looking at a strategy focused on BRRRR (looking at good markets in SE US like Birmingham, AL), and large land wholesaling. Also trying to find the best strategy for cash-on-cash return (reoccurring) but struggling a bit here. I have resources to invest so the focus in on Cash Flow and large returns (hence large land wholesaling) Any suggested strategies for this is appreciated!

Hello Dennis and welcome to the BP forums,

You'll get some great insights on this post from experienced wholesalers in and out of your target market. 

In the meantime, I'd recommend using the search function and set up keyword alerts to find other questions on land wholesaling, best investment strategies, and any other topics of interest.

Excited to hear what you and your son have in the works, all the best!

Abel